Mitsubishi’s MiEV concept vehicle began as showcase their in-wheel technology which placed small electric motors in each of the front wheels, and 1 to drive the rears. They have since ditched that concept for more traditional drivetrain. The car has a 330-volt Li-Ion battery pack that powers a 47 kW electric motor.

The EV puts out 132 lb-ft of torque and 63 HP, which is allows this small car surprising acceleration. 0-60 mph time is under 9.0 seconds. Its top speed is a respectable 80mph making it capably on any freeway.

The car can be charged in 7 hours on a 200v plug in, but Mitsubishi is working with Japanese power companies on a quick charge system that is said to produce an 80% in just 30 minutes.

The MiEV is currently on the road in Tokyo as a 30 car test fleet. It is expected to be on sale in Japan at the end of 2009 for around $24,000. Mitsubishi then plans to release the MiEV in other markets like Europe and North America possibly in 2010.